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Endcap Retail Suite with Patio
For Lease
$18 SF/Yr

900 3rd St SE, Cedar Rapids, IA 52401

South end-cap on the first floor includes an outdoor patio suited for restaurant use.

Space SizeContact for details
Days on Market564

Property Features for 900 3rd St SE

General Information

Standard status Active
Property subtype Com Lease
Zoning Urban Neighborhood Genera
Lease Type NNN

Additional Details

Road Access Yes
Multifamily Units 183

Amenities

ConcreteSlabGrade
2.41
CountyRoad,Paved

Building Details

Year Built 2025
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Cole Breitbach
Source: Pinnaclerealtyia
Added: Apr 8, 2025 Changed: Oct 19 Last Checked: Oct 20 at 6:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD Commercial Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

Loftus is a new mixed-use project in the NewBo neighborhood offering flexible commercial suite sizes on the first floor. This available space is the south end-cap and features an outdoor patio, making it well-suited for restaurant concepts.

The site is positioned for strong visibility with frontage on 3rd St. SE. The project will also include 183 market-rate apartments, creating an on-site residential customer base. Businesses benefit from neighborhood amenities within walking distance.

For qualified tenants and negotiated terms, a $10/SF tenant improvement allowance is offered.

Key Highlights

  • 2.41‑acre mixed‑use development site with paved county road frontage
  • Year built: 2025
  • Commercial space on the 1st floor offers flexible suite sizes

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Dental Office Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

183
Residential units
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,597
Businesses Nearby

Demographics for 52401, IA

2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cedar Rapids, IA

$17.73 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
88,897 SF
Avg Space Size

This space is priced 2% above the average of $17.73 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - South end-cap on the first floor includes an outdoor patio suited for restaurant use.
Where is this mixed-use property located?
The property is located at 900 3rd St SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2.41‑acre mixed‑use development site with paved county road frontage; Year built: 2025; Commercial space on the 1st floor offers flexible suite sizes
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